Paystand, a Serra Capital II portfolio company, is leveraging the blockchain in a completely new way for enterprise payments. PayStand customers can now certify and notarize payments (from request to receipt) on the blockchain, ensuring the history of payments is secure, independently verifiable, and free of tampering.

Paystand is a next generation payment & eCommerce checkout system that enables any organization to receive money in their website, social network, or web application without transaction costs.

Jeremy Almond, CEO of PayStand, enthused "Since the founding of the company, PayStand has been a huge believer that blockchain has the ability to radically transform financial services. Our newest blockchain certification product demonstrates our continued commitment to help enterprises leverage the cutting-edge and digital native technology to improve their payment, invoice, and billing process."